SL Green Inks 14,206 SF Lease With Offit Capital Advisors At 485 Lexington Avenue

6/29/16

SL Green Realty Corp (NYSE: SLG) today announced that Offit Capital Advisors, LLC, an employee-owned investment manager focused on advising high net worth individuals, has renewed its lease for 10 years covering 14,206 square feet on the entire 24th floor of 485 Lexington Avenue a/k/a Grand Central Square, the 31-story, 921,370-square-foot building located two blocks from Grand Central Terminal.

“We are delighted that Offit Capital has elected to extend its occupancy with us,” said Steven Durels, executive vice president, director of leasing and real property for SL Green, who added that “leasing momentum in Midtown east and particularly in the Grand Central submarket has remained very strong this year”.

Other prestigious building tenants include Travelers Indemnity Company, The Leading Hotels of the World, Fidelity National Title Insurance, Konica Minolta, Novantas and KPS Capital.

Larry Zuckerman of Newmark Grubb Knight Frank represented Offit Capital, while Natasha Brown acted in-house on behalf of SL Green.

About SL Green Realty Corp.

SL Green Realty Corp., an S&P 500 company and New York City's largest office landlord, is a fully integrated real estate investment trust, or REIT, that is focused primarily on acquiring, managing and maximizing value of Manhattan commercial properties. As of March 31, 2016, the Company held interests in 121 Manhattan buildings totaling 47.7 million square feet. This included ownership interests in 29.9 million square feet of commercial buildings and debt and preferred equity investments secured by 17.8 million square feet of buildings. In addition, the Company held ownership interests in 31 suburban buildings totaling 4.9 million square feet in Brooklyn, Long Island, Westchester County, Connecticut and New Jersey.